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Filed under: Business, Web services, Google

Google launches Google Checkout payment system

Google CheckoutAfter literally years of rumors, Google has launched its much-talked-about e-commerce payment system, Google Checkout. The idea is simple: Google holds on to your credit card and shipping information, and when you find something you want to buy at a Google Checkout affiliate, completing the transaction is a one-step process. "The goal here is to make it be one nanosecond from the time the customer decides to buy to the time the transaction is complete and the product is on the way," says Google CEO Eric Schmidt in the New York Times' coverage of the launch. Google has a trick up its sleeve for luring in merchants, too: If you're a merchant who buys advertising from Google AdSense AdWords, Google will waive some or all of your Checkout transaction fees. But for those who don't enroll in AdSense, the fees are still comparatively low: 20 cents per transaction plus two percent of the purchase price.

Filed under: Business, Web services, Google

Google to launch GBuy, PayPal killer, on June 28

Google GBuyWe've heard it referred to as Google Wallet, Google Checkout, Google Payments, and now GBuy. Google has long been rumored to be working on a payments system to rival eBay-owned PayPal, and according to Forbes--which calls it GBuy--Google will be launching its online payments system on June 28. Unlike Google Payments, which was integrated into Google Base, GBuy will be intended for merchants who have their own online store, but transactions will be completed through Google's servers. Forbes quotes analyst Jordan Rohan, who says this would allow Google to "capture e-commerce transaction data, driving more precise targeting in future searches." Rohan also believes Google will mark marchants who accept payment through GBuy as "trusted GBuy merchants" when they're listed in Google search results.

Filed under: Business, Web services, Google

Google readying Payments system

Payments on Google BaseGoogle has been accepting payments from a lot of people for awhile now, most notably AdSense advertisers and, more recently, people buying episodes of MacGyver on Google Video. Last week they added payments to Google Base, allowing sellers to collect money from buyers through Google, which some see as a shot directly across the bows of eBay and Craigslist. Nik Cubrilovic at TechCrunch has a review of the new payment system, which he describes as "extremely simple" and "Google fast." Google is working up to it slowly, so it's only available to a handful of sellers, but you can see some items for sale on Google Base by searching for "Xyzzy" (very cheeky, guys). You can also read Google's announcements about the new system at the Official Google Blog and the Google Base Blog.

Featured Time Waster

The World's Hardest Game 2.0 - Time Waster

So, just how good at time waster games are you? Think you've got the stuff? Well, The World's Hardest Game 2.0 doesn't think you do. Yes, amazingly, it's possible to have a sequel to a game called "The World's Hardest Game". It doesn't seem logically possible, since if the first one was actually the world's hardest, how could another one come along and share the moniker? It made me doubt the name in the first place. That is, until I tried the game. The mechanics of the game are very simple. You are a small red square, ...

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